A gas storage facility near Beijing. Exploration & Production

CNPC offers more sober China gas growth assessment

China’s top gas producer expects the country to just about sustain double-digit growth this year, in contrast to more-optimistic recent predictions.

By Colin Shek 17 January 2018
Supply & Demand

China may become world’s biggest gas importer this year

China could overtake Japan as the world’s biggest importer of gas in 2018.

5 January 2018
LNG

Beihai terminal begins trucked LNG deliveries to Zibo city

The first cargo of truck-delivered LNG to reach the city of Zibo in Shandong province from Sinopec’s Beihai terminal.

5 January 2018
Exploration & Production

Sichuan produces 3 bcm of shale gas in 2017

Sichuan province in southwest China produced 3.02 billion cubic metres of shale gas in 2017.

4 January 2018
Exploration & Production

China’s Fuling shale produces 6 bcm in 2017

Sinopec has announced that the Fuling shale gas field in China’s Chongqing municipality produced just over 6 billion cubic metres in 2017.

4 January 2018
Exploration & Production

Southwest Oil & Gas Field produces 21.2 bcm in 2017

PetroChina’s Southwest Oil & Gas Field subsidiary produced 21.2 billion cubic metres of gas in 2017, up by 2.0 bcm from 2016

4 January 2018
LNG

Trucking LNG north boosts Chinese terminal sales

Tianjin’s LNG send-out rate increased by 9.7% in December, to 329 tankers per day.

4 January 2018
Policy & Regulation

Beijing hits air quality target

Beijing has met its air pollution reduction target for 2017, the city’s environmental agency said in a statement on Wednesday.

3 January 2018
LNG

CNOOC’s Zhejiang LNG terminal receives 3.58 mt in 2017

China National Offshore Oil Corp.’s LNG terminal in Zhejiang province received 3.58 mt in 2017, an increase of 66.2% from 2016.

3 January 2018
The Hainan LNG terminal LNG

China poised to catch South Korea in LNG imports

Surging LNG imports have put China on course to surpass South Korea in purchases, and the country could topple Japan as the world’s biggest buyer by the middle of the next decade.

3 January 2018
LNG

Chinese LNG prices fall for first time since summer

China’s average ex-works LNG price fell month on month in December for the first time since July.

3 January 2018
Global Markets

Jiaxing lowers citygate prices

Jiaxing, a city in Zhejiang province about 100 km west of Shanghai, has lowered citygate gas prices for non-residential users.

2 January 2018
Companies & Finance

Daqing Oilfield produced 4 bcm in 2017

PetroChina’s Daqing Oilfield subsidiary produced around 4 billion cubic metres of gas in 2017.

2 January 2018
Exploration & Production

Tarim Oilfield passes supply milestone

PetroChina’s Tarim Oilfield subsidiary in Xinjiang has sent more than 200 billion cubic metres of gas to eastern China over the past 13 years.

2 January 2018
Shanghai stock exchange Global Markets

China prepares to launch the petro-yuan

Beijing is aiming to reduce the influence of US petrodollars by launching its own oil futures contract denominated in yuan.

2 January 2018
LNG

Asian LNG prices high on strong demand

Spot LNG prices in Japan, South Korea, China and Taiwan hit their highest monthly average since November 2014.

2 January 2018
BASF chemical plant in Chongqing. Global Markets

Downstream bears brunt of China’s gas supply crunch

LNG, chemicals and manufacturing have been hurt by China’s botched effort to cut coal use, as authorities diverted gas away from industry for residential heating use.

2 January 2018
Exploration & Production

Liwan 3-1 output hits 10 bcm

Liwan 3-1, China’s first deepwater gas field, had produced 10 billion cubic metres as of 19 December, having started up in April 2014.

22 December 2017
LNG

Wison Offshore delivers first barge-based FSRU

Wison Offshore & Marine announced on Friday that it has delivered the world’s first barge-based FSRU to Belgium’s Exmar .

22 December 2017
Pipelines, Storage & Power

Sichuan-Shanghai Pipeline supplies more than 13 bcm in 2017

Sinopec’s Sichuan-Shanghai Pipeline had supplied 13 billion cubic metres this year as of 19 December, up by 30.58% on an annual basis.

22 December 2017
Exploration & Production

Fuling shale field passes 5.6 bcm for 2017

Sinopec’s Fuling shale gas field had produced 5.6 billion cubic metres of gas this year as of 7 December.

21 December 2017

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